Company History
In 2006 Securitas Group announced its intent to split into independent, specialized security companies. The Cash Handling Services unit of Securitas worldwide was rebranded to form “Loomis” This new business incorporates Cash & Valuables In Transit, Cash Management and ATM Services.
For more than 50 years, Securitas has been a leading force in the provision of security services. With operations in over 20 countries and employing in excess of 210,000 people, Securitas is the largest security organisation in the world today.
The Securitas Group has its origins in Sweden where the Company was founded in 1934 by Erik Philip-Sörensen.
The Company quickly expanded due to a number of acquisitions of other security companies in Sweden. In 1972 all companies were gathered under the name Securitas and the company’s logotype was becoming a known symbol nationally and internationally.
In the 1990’s Securitas Group started an international expansion in Europe and in the USA, which has led to the position as the world market leader.
Securitas operate primarily in the US and the European markets which is 75% of the world security market.
In the UK, Securitas was founded in 1996 through the acquisition of Security Express Armaguard Ltd. Since then the Company has become a sound and successful business, with a leading position in the UK security market.
The Cash Handling Division is due to be floated on the Swedish Stock Exchange in 2008 and a new business has been formed, Loomis. Loomis, in the UK handles over £150 billion in cash annually.
As the Worlds largest Cash Handling organisation, our business is about much more than just moving money.
Securitas Micro-route (SMR) (newly named Loomis-Technical) was established as a private limited company in 1988. Based in Croydon, Leeds and Warwick they quickly developed a strong reputation for professional, high quality delivery and installation services. As relationships with our key clients strengthened, additional service lines were developed in partnership with them. As Loomis-Technical became more experienced, we started to deliver larger and more complex solutions. Examples include working with IBM® to deliver the NatWest Bank Retail Banking Platform project, to replace every branch PC and server over an eighteen month period; working with Cap Gemini® to audit the entire IT infrastructure of British Steel, followed by a multi-site PC rollout programme; working with Siemens® to install 1,000 ATMs into Barclays Bank and working with IBM to re-cable and install new EPoS tills and servers into Boots the Chemist.
The Securitas Group purchased SMR in February 2000. In 2007 Securitas Micro-route was rebranded as Loomis-Technical and we now represent the technical arm of the world's largest security company.